The document discusses promoting environmental and social risk management in the financial sector of Pakistan. It provides background on the costs of environmental degradation in Pakistan, outlines what environmental and social risk management is for financial institutions, and proposes an advisory program to help banks implement ESRM practices through developing policies, procedures, training, and providing implementation support. The program aims to help banks manage risk better while also providing new business opportunities in green financing that benefit both banks and their clients.
Green economy aims to increase investments and growth while substantially reducing carbon footprints. It promotes resource efficiency, clean technologies, and sustainable production and consumption patterns. A green economy is driven by investments that reduce emissions, enhance efficiency, and prevent biodiversity loss. It emphasizes the intersection between environment and economy.
Sustainability reporting is the practice of measuring, disclosing and being accountable for an organization's economic, environmental and social impacts. It allows companies to benchmark performance, demonstrate transparency and compare themselves to others. The Global Reporting Initiative developed a sustainability reporting framework to standardize reporting and provide guidance on strategy, management approach and performance indicators. Effective sustainability reporting can help companies access new markets, attract investment and improve relationships with stakeholders. However, barriers include unclear standards, resource constraints and lack of management support.
1. The document discusses green finance and public-private partnerships to promote green growth and address climate change issues.
2. It outlines Japan Bank for International Cooperation's (JBIC) green finance initiatives like "LIFE" which supports clean power, energy efficiency, water, and transportation projects through loans, equity investments, and cooperation with other development banks and private institutions.
3. JBIC also proposes new financial instruments like "GREEN" to scale up low-carbon investments using measurement, reporting and verification of emissions reductions.
What is Green Finance? How to structure a market to attrach green investments? Which are the instruments and mechanism to make it succesfull operative and monitorable?
An introduction to sustainability reportingPReConsultants
The document discusses sustainability reporting and the Global Reporting Initiative (GRI) guidelines. It describes the sustainability reporting process as a 5 step ongoing cycle of defining goals, connecting with stakeholders, monitoring performance, reporting results, and preparing for the next cycle. It also outlines some of the main activities and potential challenges organizations may face when implementing sustainability reporting.
The document provides an overview of sustainability reporting and the Global Reporting Initiative (GRI) Standards. It discusses the goal of sustainability reporting being to disclose an organization's significant impacts and strategy. It also outlines why organizations report sustainability information, such as for reputation management. The document then details the key aspects of the GRI Standards, including the universal standards on principles, strategy, and profile disclosures. It describes the topic-specific standards covering economic, environmental, and social impacts. The document provides guidance on applying the management approach and materiality concept within the GRI Standards.
ESG is best characterized as a framework that helps stakeholders understand how an organization is managing risks and opportunities related to environmental, social, and governance criteria.
What is an ESG Audit?
Environmental, social and governance (ESG) risks are inevitable for every business. But how these issues are collected, managed and reported are what will make the difference between a company that is prepared or not.
The document provides guidance for companies listed on Nasdaq Nordic exchanges on reporting environmental, social and governance (ESG) metrics. It recommends a set of 11 ESG metrics that are most material for investors based on their prevalence in reporting frameworks, potential to impact company performance, and practicality for companies to report. The suggested metrics cover topics like greenhouse gas emissions, energy use, water and waste management, diversity and pay equity, and business ethics. Companies are encouraged to publicly report on these metrics and engage with stakeholders to improve access to capital, profitability, risk management and reputation. Overall the guidance aims to help companies meet growing investor demand for ESG data and contribute to sustainable development.
The document provides an overview of sustainability reporting and ESG reporting. It discusses key concepts like scope 1, 2, and 3 emissions reporting and standards like IFRS, FASB, and SASB. It also outlines initial steps organizations can take to implement sustainability and ESG reporting, including developing a data strategy, identifying data sources, and establishing reporting cycles and metrics. Sample software vendors for ESG compliance and reporting are also listed.
The document discusses Environmental, Social, and Governance (ESG) criteria. Over the past five years, the financial industry has adopted ESG as the standard terminology to evaluate extra-financial data that investors increasingly consider during comprehensive investment reviews. ESG criteria codify what companies disclose across environmental, social, and governance issues. Socially Responsible Investing (SRI) refers to how investors analyze companies based on their ESG disclosures and Corporate Social Responsibility (CSR) practices.
ESG and sustainability investing has become a major trend in the financial industry. Over $35 trillion is now invested according to sustainable investing strategies, representing one third of total assets under management globally. Major asset managers like BlackRock and banks like Nordea are increasingly integrating ESG factors into their investment decisions and excluding companies deemed unsustainable. Regulators are also supporting this shift through new rules requiring companies to report on their sustainability impacts and human rights due diligence practices.
World Resources Institute hosted a launch event on 21 November 2014 for two new Greenhouse Gas Protocol Standards to inform government climate change strategies.
Building on previous GHG Protocol standards, the Policy and Action Standard helps evaluate the effectiveness of specific policies or measures in achieving greenhouse gas emissions reductions, empowering policymakers and analysts to better assess and communicate their progress. The Mitigation Goal Standard takes a bigger picture view, enabling governments to determine their emissions trajectory and whether their policy portfolio aligns with reaching their climate goals. Both standards are applicable for all levels of government.
Find out more at http://www.wri.org/events/2014/11/launch-and-training-workshop-greenhouse-gas-protocol
The BRSR report is mandated for the top 1,000 listed companies in India starting in FY22-23 to standardize sustainability disclosures. It provides a standardized format for companies to assess their ESG performance against peers. Initiating BRSR reporting will benefit companies by enabling them to check their readiness on key indicators, establish internal processes for data collection, and potentially improve operational practices and stock performance over the long term.
Green Finance: Business Opportunities and Role of Financial InstitutionsADFIAP
1) The document discusses the role of development finance institutions (DFIs) in supporting low-carbon investment and green growth through mobilizing private funding and providing financing support such as guarantees, insurance, and co-financing.
2) It outlines Japan Bank for International Cooperation's (JBIC) efforts to develop a "Joint Crediting Mechanism" (J-MRV) to quantify greenhouse gas emission reductions from low-carbon investment projects and apply it to their due diligence and project finance processes.
3) JBIC aims for J-MRV to serve as an internationally accepted methodology and help scale up low-carbon investment while preparing for future carbon market mechanisms.
This document discusses sustainability reporting and how companies decide which sustainability initiatives to pursue. It provides insight into how companies gather, assess, and disseminate information about their socially responsible activities. Specifically, it outlines the benefits of sustainability reporting, how to embed sustainability in organizations, identifying material sustainability matters, managing these matters, and communicating performance through reporting.
This presentation helps you gain a good understanding of the fundamentals of ESG by explaining the following.
1. What is ESG - Definition and ESG Issues
2. What is ESG VS Responsible Investment (RI) - Definition of RI | Relationship between ESG and RI | Investment profile of RI vs Sustainable Investing vs Impact Investing
3. Why is ESG Important - Two Main Reasons
4. Who should Care about ESG - Key Stakeholders
5. Why They should Care - Reasons for each Stakeholder to Understand and Consider ESG Integration
6. How to Integrate ESG into Investment Process - Overview of Traditional vs ESG-Integrated Investment Process
Introduction to Environmental Impact Assessment.pptxAlmawYetnayet
Environmental problems can vary from the direct effects of the pollution of waterways and the air, through to indirect effects such as health problems caused by changes.
The Bangladesh National Environment Policy of 1992 aims to ensure ecological balance, protect against natural disasters, control pollution, and ensure sustainable development. It recognizes issues like global pollution, integrated policy, and natural resource use. The policy's objectives are to manage activities for environmental protection, sustainable resource use, and global cooperation. It provides guidance for 15 sectors including agriculture, industry, health, energy, and establishes mechanisms for implementation and challenges of ensuring the environment is a government priority.
The Global Reporting Initiative (GRI) is a non-profit organization that promotes economic sustainability and produces sustainability reporting standards. It was formed in 1997 and has released several versions of sustainability reporting guidelines. The GRI includes principles for defining report content and quality, as well as standard disclosures and performance indicators. While the GRI provides a framework for sustainability reporting, companies self-report and the GRI does not independently verify company activities. There is debate around whether sustainability reporting should be mandatory.
Commercial banks and the shift to a low carbon economyGoran Tosev
The document discusses the role of commercial banks in addressing climate change and financing the transition to a low-carbon economy. It provides an overview of ABN AMRO and RBS's sustainability strategies, which include managing environmental and social risks, reducing their carbon footprints, and developing low-carbon banking products and services like renewable energy financing. Commercial banks are well-positioned to help scale up low-carbon technologies by providing various financial services, but need to collaborate with other stakeholders such as developers and research institutions to accelerate their commercial viability.
This document discusses sustainability reporting in the Australian banking sector. It provides background on the sector and outlines the current reporting frameworks used. It analyzes the sustainability reports of four major Australian banks and finds that while reporting is comprehensive, there is still room for improvement in areas like social and environmental transparency, governance, and addressing challenges. The document concludes with recommendations like aligning bank incentives with community interests, defining disclosure requirements, and increasing government oversight of public interest.
1) The banking industry plays a central role in the global economy and has the potential to promote more sustainable practices through its lending decisions.
2) Several emerging economies like Bangladesh, Brazil, China, Colombia, and Indonesia have taken a regulatory approach and implemented policies to integrate environmental and social risk considerations into banking practices.
3) These policies include guidelines for evaluating client environmental performance, restricting loans to polluting industries, and offering preferential rates for green projects. The policies aim to promote sustainable development through the financial sector.
The document discusses the business case for corporate sustainability and responsibility. It outlines several drivers that are pushing companies to adopt more sustainable practices, including increased regulation, resource scarcity, climate change, globalization, and public scrutiny. It argues that sustainability is a strategic issue that protects reputation and differentiation rather than just an attempt to "save the world". The document provides examples of how Kuoni, a travel company, incorporates sustainability into its business strategy and operations through initiatives like sustainable supply chain management, capacity building for suppliers, and improving working conditions in hotels.
6. unep fi presentation.ukraine. may 2011csrcentre
This document discusses corporate social responsibility (CSR) and sustainability issues that are important for investors. It notes that over $432 billion of financial stimulus packages have been tagged as "green" and sustainability is becoming a new investment criteria for many large institutional investors. The document outlines some of the initiatives and indexes that have been developed related to CSR and sustainability reporting. It also discusses how environmental issues can transform into material financial risks for companies if not properly managed. The document concludes by discussing the information that investors are looking for from companies regarding their environmental, social and governance performance.
FULL TITLE:
Sustainable Environment: Using Microfinance and People’s Own Initiatives to Propel Investment in Renewable Energy, Water and Sanitation
ROOM: Lenana Hall
Translated session: English & French
PANEL:
Panelist: Mr. Patrick Lumumba, East Africa Watercredit Program Officer, Water.org, Kenya
Panelist: Mr. Ziad Al Refai, Executive Director, Jordan Micro Credit Company ''Tamweelcom'', Jordan
Panelist: Mr. David Kuria, CEO, Ecotact Limited, Kenya
Panelist: Mr. Abser Kamal, Managing Director, Grameen Shakti, Bangladesh
Market Insights from Top Researchers, Part 2: Market Conditions, Incentives, ...Sustainable Brands
In this data-rich session, top-notch researchers will share their latest observations around the state of play of corporate sustainability within the broader economy, focusing on appetizing new market conditions, incentives, ROI studies and risk management opportunities. Each presentation will be followed by Q&A allowing attendees to glean additional insight on the spot and identify knowledge gaps by discussing the landscape of available data. Expect a wealth of hard information, accompanied by a great opportunity for Q&A with researchers and peers to help inform your strategy for 2014 and beyond.
This document provides guidance for Vietnamese companies on sustainability reporting. It outlines the main global reporting standards, the steps in the reporting process, and key aspects of business performance that should be covered, such as environmental, social and governance issues. The purpose is to help Vietnamese companies understand why and how to report on sustainability so they can improve their performance, attract investors and comply with stock exchange requirements. It was developed by the State Securities Commission of Vietnam and IFC to promote sustainability reporting among listed companies.
"The playbook captures the journey of 26 FinTech hubs in emerging markets, their experiences and learnings in the process of building a strong financial services ecosystem. This report serves to facilitate hubs to think global and act local through an appreciation of global trends, local drivers and regional opportunities."
The playbook captures the journey of 26 FinTech hubs in emerging markets, their experiences and learnings in the process of building a strong financial services ecosystem.
This report serves to facilitate hubs to think global and act local through an appreciation of global trends, local drivers and regional opportunities.
The playbook captures the journey of 26 FinTech hubs in emerging markets, their experiences and learnings in the process of building a strong financial services ecosystem.
This report serves to facilitate hubs to think global and act local through an appreciation of global trends, local drivers and regional opportunities.
Brand Academy provides details brand analysis, research, article and insights for free.
Contact us :
brandsmentor@gmail.com
https://www.facebook.com/1stbrandsacademy
CORPORATE SOCIAL RESPONSIBILITY
Our Vision
To remain market leader and technology pace setter in the engineering and electronics industry by utilizing the high-tech engineering expertise of the Siemens Group worldwide. To maintain our strong and prominent local presence.
Our Mission
Providing quality to our customers at competitive prices, to their complete satisfaction.
Generating earnings sufficient to ensure a secure future for the company and to protect and increase our shareholders/stakeholders' investment.
To enhance creativity and job satisfaction of our employees by providing opportunities for personal development, limited only by their own ability and drive.
To contribute to the national economy, whilst realizing a strong sense of responsibility to society and the environment.
To enhance the investment of our customers through Human Excellence, our Technology, our Processes, our High Standards of Quality and Financial Strength.
To support and strive for technology transfer to Pakistan through our global resources and local Presence.
INTERVIEW
Q1) How corporate social responsibility impacts businesses?
Q2) Who Benefits From Corporate Social Responsibility?
Q3) Why should businesses care about their social and environmental responsibilities?
Q4)Do you publish any quarterly or yearly sustainability report?
Q5) Is there a correlation between CSR and a business’s financial performance?
Q6) What does CSR mean to the average citizen /consumer?
Q7)What is Corporate Philanthropy? Do you believe in that?
Q8) How do you relate CSR with marketing strategies?
Q9) What is your allocated budget for CSR on annual basis?
Q10) Do you think there is a place for such programs at a time of economic deceleration?
Siemens A Global Perspective
Sustainability is the guiding principle for our daily business practices
Sustainability are closely linked to our company values – excellent, innovative, and responsible
Sustainability is our contribution to a more equitable world economy and the provision of energy-efficient, durable products and solutions for our customers.
Sustainability Goals
Help customers reduce their CO2 emissions by 300 million tons
Grow Environmental Portfolio revenue to €40 billion
Improve CO2 efficiency by 20 percent
Increase water efficiency by 20 percent
Environment, Health and Safety
Siemens has introduced a Corporate Environmental Protection Program (Environmental Program)
The key components of the Environmental Program are:
The company-wide introduction of an environmental management system.
The improvement of resource and energy efficiency in production.
An expansion of our environmental portfolio.
The document discusses a presentation given by Giancarlo Attolini, Chair of the IFAC SMP Committee, at CReCER 2013 in Cartegena, Colombia. The presentation covers:
1) The importance of SMEs and SMPs in supporting private sector growth.
2) Key findings from the IFAC SMP Quick Poll on challenges facing SMEs and SMPs, including regulatory burden and economic uncertainty.
3) The role and activities of the IFAC SMP Committee in developing standards and guidance, and facilitating implementation through resources like implementation guides.
The document discusses ethical banking practices through a case study of the Co-operative Bank UK PLC. It summarizes the bank's operations which are centered around a commitment to both economic profitability and socioenvironmental profitability. The bank incorporates ethical values and principles into its governance, financial management, business processes, products/services, and stakeholder management. It also focuses on developing its employees and the community through various social and educational initiatives. The presenters aim to share best practices in ethical banking that Malaysian banks could learn from and adopt.
BBVA provides banking services with a focus on social responsibility and positive impact. It aims to have transparent, clear and responsible relationships with customers. Some of its key initiatives include financial education programs that have reached over 6.7 million people, microfinance programs that serve over 1.7 million customers, support for SMEs and entrepreneurs, addressing climate change through green financing and reducing its own environmental impact, and promoting a culture of social commitment among employees through volunteering and diversity programs.
The FinTech ecosystem playbook captures the journey of 26 FinTech hubs in the emerging markets — their experiences and learnings in the process of building a strong financial services ecosystem. The teams highlight the best industry practices from these markets so that participants learn from each other.
This document provides an overview of macroeconomic conditions and the banking industry in Vietnam, and details about VietinBank. The macroeconomic section notes GDP growth rates from 2015 to the first half of 2020, inflation rates, unemployment, export/import figures, FDI, and exchange rates. It also discusses credit growth and profitability in the banking industry. The document then profiles VietinBank, outlining its history, mission, organizational structure, investment highlights including a strong innovation focus, extensive network, credit ratings, technology platform, and human resources. Performance metrics and business orientation for 2020 are also reviewed.
ESG Is No Longer Optional. What Every Private Equity Manager Should KnowNavatar
Recording: https://www.youtube.com/watch?v=K5NBmZs84gY&feature=youtu.be
Responsible investment (or ESG), once a do-good sideshow, is becoming mainstream. Private equity managers must consider a host of issues, from gender diversity to carbon emissions, or risk losing investor capital and deals. The trend is only growing.
The challenge today is formalizing ESG policies to meet heightened standards. In this webinar, Navatar in conjunction with Invest Europe, brought together leading ESG thinkers from the industry to discuss how GPs should present their ESG framework to investors, what to consider during pre-investment due diligence, and ultimately portfolio monitoring and exit.
We address:
- Why your ESG strategy can make or break a deal
- What LPs want to see in your policies/practices
- Bringing your ESG DDQ to the next level
-Automation, plastics and other emerging ESG risks
Speakers:
- Maaike van der Schoot, Responsible Investment Officer, AlpInvest Partners
- James Holley, Head of ESG, Bridgepoint
- Graeme Ardus, Head of ESG, Triton Partners
- Jaideep Das, Partner, ERM
Similar to IFC - PROMOTING ENVIRONMENTAL AND SOCIAL RISK MANAGEMENT (ESRM) IN THE FINANCIAL SECTOR OF PAKISTAN (20)
International Environmental Impact Assessment - Atkins.pdfzubeditufail
This document provides an overview of Atkins' experience conducting environmental impact assessments (EIAs). It discusses:
1) Atkins' expertise in conducting all stages of the EIA process for major development projects across multiple sectors, including screening, scoping, baseline studies, and preparing environmental statements.
2) Examples of large-scale EIA projects Atkins has conducted, such as for the 2012 London Olympics and various infrastructure and resort developments.
3) Atkins' ability to support EIAs with specialists across relevant environmental topics and technical areas related to different industry sectors.
Use of fungus bricks in construction sectorzubeditufail
This document discusses the potential use of fungus bricks in the construction sector. It notes that the construction sector contributes significantly to global carbon emissions. Fungus bricks offer a more sustainable and environmentally friendly alternative to traditional building materials. They are made from agricultural waste and fungi roots, making them biodegradable. Fungus bricks also have benefits such as being lightweight, providing insulation, expanding easily under different conditions, and allowing for a fast and low-cost production process. The document expresses support for exploring fungus bricks and other innovations that can reduce the environmental impact of construction.
This document provides information about an ISO 45001:2018 awareness training being offered by SPMC Consultants. The 3-hour online training will be conducted on July 18, 2020 from 10:00 to 13:00 via Zoom/Skype. It will provide an introduction and clause by clause understanding of the ISO 45001 standard. The training is aimed at production managers, compliance professionals, professionals involved in quality management systems, and fresh graduates. Interested participants can register by email or SMS for Rs. 3,500 per person and will receive a certificate upon completion.
SPMC - Pakistan training iso 14001 EMS awarenesszubeditufail
SPMC Consultants is offering an online ISO 14001:2015 Awareness Training on July 15, 2020 from 11:00 to 13:00 via Zoom/Skype. The trainer, Engr. Tufail Ali Zubedi, has over 20 years of experience facilitating the design and implementation of ISO 14001 environmental management systems for organizations in Pakistan and Bangladesh. The training will provide an introduction to the history and requirements of ISO 14001:2015 and is intended for environmentalists, engineers, compliance professionals, and others involved in environmental management systems. The cost is Rs. 2,500 per person and registration can be completed by email or SMS.
SPMC - Pakistan training iso 9001 QMS awarenesszubeditufail
This document provides information about an ISO 9001:2015 awareness training session hosted by SPMC Consultants. The training will be conducted online on July 16, 2020 from 11:00 to 13:00 via Zoom/Skype. It will be led by Engr. Tufail Ali Zubedi, who has over 10 years of experience implementing ISO 9001 quality management systems. The training will provide an introduction and history of ISO 9001:2015 and is aimed at production managers, engineers, compliance professionals, and graduates interested in quality management.
SPMC - Pakistan Training Calendar 2020zubeditufail
The SPMC training calendar for 2020 outlines various environmental, health, and safety courses being offered each month, including auditing techniques, ISO management system courses, environmental laws, occupational safety, first aid, effluent treatment, waste management, and chemical storage. Courses cover topics such as auditing, ISO 9001 and 14001 implementation, environmental protection laws, occupational health and safety, hazard waste management, and more. The calendar provides contact information for inquiries.
This document outlines the activities that need to be conducted each month over a 12 month period to implement an ISO 9001 quality management system. It includes requirements for establishing the quality management system such as understanding organizational context, developing documented information, and defining roles and responsibilities. It also includes recurring monthly activities for supporting the quality system through training, communication, and document control as well as operations such as product design, production control, and auditing. The timeline shows that initial setup and documentation occurs in the first few months, with ongoing monitoring, review and improvement activities occurring each subsequent month.
The General Principles of Food Hygiene lay the foundation for ensuring food safety along the entire food chain. They recommend applying Hazard Analysis and Critical Control Point (HACCP) systems to control key hygiene hazards at each stage of production, processing, and consumption. Adhering to these principles and good manufacturing practices allows food producers to operate safely and simplifies implementing HACCP plans. The principles provide internationally recognized guidelines for food hygiene controls to ensure food is suitable for consumption.
APPLICATION IN FORM - I FOR PRIOR ENVIRONMENTAL CLEARANCEzubeditufail
APPLICATION IN FORM - I FOR PRIOR ENVIRONMENTAL CLEARANCE IN RESPECT OF THE
PROPOSED KHAIRAGURA OPENCAST EXPANSION COAL
MINING PROJECT NEAR KHAIRAGURA VILLAGE,
TIRIYANI MANDAL, ADILABAD DISTRICT, A.P.
DEPARTMENT OF ENVIRONMENT
THE SINGARENI COLLIERIES COMPANY LIMITED
(A Government Company)
KOTHAGUDEM COLLIERIES-507101 (A.P)
JANUARY 2013
Environmental and Social Management Framework (ESMF) - Karachi Neighborhood I...zubeditufail
Directorate of Urban Policy & Strategic Planning, Planning & Development Department, Government of Sindh
Karachi Neighborhood Improvement Project
Environmental and Social Management Framework (ESMF)
February 2017
This document provides a self-assessment checklist for organizations to evaluate their compliance with the requirements of the OHSAS 18001:2007 standard for occupational health and safety management systems. The checklist restates the requirements of the standard and includes questions for organizations to assess how their system addresses each requirement. It also includes space for organizations to comment on the status of their system for each requirement. The checklist is intended to be an effective tool for both implementing an OH&S management system and conducting self-assessments of the system.
Guiding Principles and Recommendations for Responsible Business Operations in and around Key Biodiversity Areas (KBAs)
A collaborative project of the KBA Partnership coordinated by IUCN
Draft 2 for public consultation
2 December 2016
For any query about this document or the project, please contact Giulia Carbone, Deputy Director, Global Business and Biodiversity Programme, IUCN (Giulia.carbone@iucn.org).
A global standard_for_the_identification_of_key_biodiversity_areas_final_webzubeditufail
This document presents a global standard for identifying Key Biodiversity Areas (KBAs). It was developed by the IUCN Species Survival Commission and World Commission on Protected Areas to harmonize existing approaches and identify important sites not yet covered. The standard provides consistent, objective and quantitative criteria to identify sites that significantly contribute to global persistence of biodiversity. Identifying KBAs will help expand protected area networks and inform other decisions supporting biodiversity conservation. While the standard focuses on sites of global significance, locally or nationally important areas are also recognized.
The document summarizes concerns about the environmental impact assessment of two proposed coal projects in Pakistan: a barge-mounted power station and a coal yard and conveyor belt project. It notes that the EIA process did not properly address issues like pollution impacts on local communities, impacts on marine life from heated wastewater, and inaccurate modeling of air pollution impacts. It also argues that alternatives were not adequately considered and the EIA did not follow the proper review and public comment process. The letter requests that the EIA be rejected and redone to properly address environmental and health impacts.
Join educators from the US and worldwide at this year’s conference, themed “Strategies for Proficiency & Acquisition,” to learn from top experts in world language teaching.
How to Configure Time Off Types in Odoo 17Celine George
Now we can take look into how to configure time off types in odoo 17 through this slide. Time-off types are used to grant or request different types of leave. Only then the authorities will have a clear view or a clear understanding of what kind of leave the employee is taking.
Principles of Roods Approach!!!!!!!.pptxibtesaam huma
Principles of Rood’s Approach
Treatment technique used in physiotherapy for neurological patients which aids them to recover and improve quality of life
Facilitatory techniques
Inhibitory techniques
Delegation Inheritance in Odoo 17 and Its Use CasesCeline George
There are 3 types of inheritance in odoo Classical, Extension, and Delegation. Delegation inheritance is used to sink other models to our custom model. And there is no change in the views. This slide will discuss delegation inheritance and its use cases in odoo 17.
Split Shifts From Gantt View in the Odoo 17Celine George
Odoo allows users to split long shifts into multiple segments directly from the Gantt view.Each segment retains details of the original shift, such as employee assignment, start time, end time, and specific tasks or descriptions.
How to Add Colour Kanban Records in Odoo 17 NotebookCeline George
In Odoo 17, you can enhance the visual appearance of your Kanban view by adding color-coded records using the Notebook feature. This allows you to categorize and distinguish between different types of records based on specific criteria. By adding colors, you can quickly identify and prioritize tasks or items, improving organization and efficiency within your workflow.
(T.L.E.) Agriculture: Essentials of GardeningMJDuyan
(𝐓𝐋𝐄 𝟏𝟎𝟎) (𝐋𝐞𝐬𝐬𝐨𝐧 𝟏.𝟎)-𝐅𝐢𝐧𝐚𝐥𝐬
Lesson Outcome:
-Students will understand the basics of gardening, including the importance of soil, water, and sunlight for plant growth. They will learn to identify and use essential gardening tools, plant seeds, and seedlings properly, and manage common garden pests using eco-friendly methods.
Understanding and Interpreting Teachers’ TPACK for Teaching Multimodalities i...Neny Isharyanti
Presented as a plenary session in iTELL 2024 in Salatiga on 4 July 2024.
The plenary focuses on understanding and intepreting relevant TPACK competence for teachers to be adept in teaching multimodality in the digital age. It juxtaposes the results of research on multimodality with its contextual implementation in the teaching of English subject in the Indonesian Emancipated Curriculum.
No, it's not a robot: prompt writing for investigative journalismPaul Bradshaw
How to use generative AI tools like ChatGPT and Gemini to generate story ideas for investigations, identify potential sources, and help with coding and writing.
A talk from the Centre for Investigative Journalism Summer School, July 2024
2. OUTLINE
• The concept of ESRM
• Global ESRM programme
• Challenges faced by the bankers
• Why ESRM is important for clients
• Why ESRM is important for Banks
• Way forward
2
4. QUICK STATS
“Annual cost of environmental degradation in Pakistan is about 4.3 % of GDP (US
$ 4.3 billion)”. ---SUPARCO
“Pakistan had needed to spend Rs82.5 billion on industrial environment management
between 1997 and 2010, but actually spent only around Rs7.5 billion, leaving a deficit
of Rs75 billion. If we continue polluting our ecosystem at the current rates, this deficit
could climb to Rs140 billion by 2025.”--- Express Tribune, 2012
“741 cases registered against factory owners for not complying with the
National Environmental Quality Standards (NEQS), 339 have been settled
while remaining 402 cases are still under consideration of the
Environmental Tribunals”.---The Nation, 2010
4
5. WHAT IS ENVIRONMENTAL & SOCIAL RISK
MANAGEMENT (ESRM) FOR FINANCIAL
INSTITUTIONS?
Sustainable finance (ESRM for FIs) can be defined as
the provision of financial capital and risk
management products and services in ways that
promote or do not harm economic prosperity, the
ecology and community well-being.
Sustainable Finance does not mean saving the
environment just for the sake of saving it.
Sustainable Finance means good business for FIs.
Scope of ESRM
Project Finance Corporate Finance SME
6. WHY IS SUSTAINABILITY IMPORTANT
FOR CLIENTS?
6
Reputational Risk
Compliance
Access to New Markets
Cost saving
Loss reduction
Clients don’t care for the Environment because of the goodness of their
heart. Caring for the environment is a pure business decision.
Banks should also care about sustainability for pure business reasons
7. Why Banks should worry about Sustainability?
Campaigners gave out the mock newspaper, “The Daily Whale” to
employees outside each of the 3 banks, Standard Chartered, BNP
Paribas and Credit Suisse in London.
7
8. This is an example what the banks should avoid--- a reactive approach once
reputational harm has been done.
8
10. WHY IS SUSTAINABLE FINANCE
IMPORTANT FOR BANKS?
Litigation, shut down leading to increase in NPL
Decrease in the value of collateral and additional cost
of cleaning up.
Disruption of operation
Reputational risk
Pressure from investors, government
International Commitments: Equator Principle,
Climate Principles
10
The question is not “WHY” Banks should
consider ESRM. The Question is “HOW”
11. E&S RISK ASSESSMENT (ESRA) FRAMEWORK
11
POLICY
ESRM Guideline
E&S Capacity
Development
•Roles and
responsibilities
•Training: E learning,
Webinar
PROCEDURE
E&S risk Assessment
Exclusion List
E&S Risk Assessment Tool
Risk rating
Escalation
Conditions/ Action Plan
REPORTING
• Annual
Sustainability
Review
Monitoring E&S risk
Annual review: monitor
performance
Managing non compliance
12. CHALLENGES FACED BY RMS AND CREDIT IN E&S DUE DILIGENCE
Perceptual Barrier
Not important
Climate Change is a myth
Institutional Barrier
Lack of valid data
Misalignment between RMs
target and E&S requirements
Policy and regulatory Barrier
Country laws not conducive
Skill, knowledge, information
barriers
Lack of proper understanding of
E&S issues
Lack of training
Lack of tools and processes
12
13. SUSTAINABILITY IS A SHARED
RESPONSIBILITY
13
Regulator/Government
- Policy
- Enforcement
- Tax/incentive
-Institutional strengthening
Business
-obtain social license to operate
-Ensure safety, efficiency
-Compliance
Banks
-Mission, vision
-Policies procedures
-skilled workforce
-Moving from only compliance to value
addition to clients
Media
-Understand and sensitize the public
- Publish case studies
-Demystify technical issues
Sustainability
14. ENVIRONMENTAL & SOCIAL RISK
MANAGEMENT (ESRM) FOR FIS ADVISORY
SERVICES PROGRAM
Objectives:
Creating regulatory drivers through support for banking
regulators and associations with E&S risk management
guideline development
Market capacity development for trainer and consultant
networks to provide technical support for FIs
ESMS diagnostic and implementation support to FIs
Raising awareness through the Sustainable Banking
Network, developing business case studies and best practices
14
17. 17
E&S Risk Management /
EP Implementation
• Built system, procedure
and tools
• Created dedicated team
and built capacity
• Actively communicated
with client and multi-
stakeholders
• Developed reporting
system
Sustainability Products
• First FI Green Bond (approved
by authority, to be launched in
2015 )
• Carbon finance
• Low carbon credit card
• First carbon assets backed
lending
• First emission rights backed
lending
• First IFC partner bank in China
for energy-efficiency lending to
support SMEs
Strong contributor to overall business:
• Strong business results: assets grow 15 times (2003 to 2014), ROE over 20% since 2006, NPL ratio <1%,
• Reputation and brand value: brand value of US$1.09 billion (by Interbrand, 2012), 50% increase over 2011;
won many top national and international awards
• Increased value to shareholders – 2013 Asia Best Shareholder Return Bank
• Better access to international capital and cooperation (IFC, ING, Citibank, etc.)
Green Finance Expansion:
• Green finance about 12% of total lending, highest among the Chinese banks (national average is 8%)
• Climate benefits: reduced 68 mn tons of CO2, saved 255 mn tons of water. The energy conserved and
emission reduced is equivalent to shutting off 157 thermal power plants of 100 MW.
China Industrial Bank’s Green Banking Journey:
“From Green to Gold”
18. 18
2006
First Chinese
bank to sign
Energy
Efficiency
Finance
(CHUEEE) with
IFC, Beijing
2007
Runner-up of
FT Sustainable
Deal of the
Year;
Joining UNEP
Finance
Initiative
.
Stage I: Piloting Green
Lending Product
2008
Adopting Equator
Principles, Beijing,
becoming the first
EP bank in Asia
emerging market;
Launched CHUEE
Ⅱ
.
2009
Establishment of
Sustainable
Finance Center;
FT Emerging
Markets
Sustainable Bank
of the Year (Asia)
First Sustainability
Report in China
Banking sector;
“The Best Green
Bank”
&“Environmental
Information
Disclosure Award”
by 9 Chinese
NGOs.
Stage II: Adopting &
Implementing Equator
Principles
Stage III: Fully Integrated
Sustainable Finance Model
2012
Establishment
of Sustainable
Finance
Department,
sets up regional
green finance
business units
across China
2010
Launched the first
Low-carbon Credit
Card;
Included in the
“Hang Seng (China
A) Corporate
Sustainability
Index ”&“Hang
Seng (Mainland
and HK) Corporate
Sustainability Index”
2011
Promoting 8+1
green financial
products;
Annual Most
Social
Responsible
Institutions
Award and Best
Green Finance
Award by the
China Banking
Association;
.
2013
Green
finance
clients hit
2,472,
about 12
times vs.
2009; and
green
finance
based
financing
balance
reached
US$30
billion, 13
times
vs. 2009
IB’s 3-Stage Journey to be the Leading Green Bank in China and Asia
19. Bank of Philippine Island (BPI):
A Pioneer in Green Banking In the Philippines
• 1st phase largely focused on energy efficiency loans ($ 26.9 Million)
• 2nd phase included renewable energy loans ($110.1 Million)
• 3rd phase expanded to green mortgage, carbon finance and energy performance contracting ($216.1
Million)
• 4th phase included green buildings and continuous capacity building (ongoing, $130.1 Million)
• As of December 2014, $483 Million total loan volume IFC helped generate with SEF since 2008
• Over 1 Million metric tons of GHG emissions reduced
• RSF 1 signed in 2009 ($46 Million), expanded to ($114 Million) in 2012
• BPI has utilized 78% of the guarantee facility as of end 2014.
• BPI’s entry focused on sustainable energy finance for SMEs
• Recognized among 345 innovations submitted from 75 countries.
• International recognition for its SEF program
• USD 1.4 Million grant for market development and capacity building
Management system
Capacity building for bank loan officers
• Demonstration impact for other Philippine banks
• Consider to join the EPs
19
1st Philippine bank to partner with IFC on Sustainable Energy Finance in 2008
Risk Sharing Facility
Winner, G20 SME Finance Challenge in 2012
E&S risk management
20. EE INVESTMENT MATRIX FOR INDUSTRY IN PAKISTAN
(SECTOR VS. TECHNOLOGY)
20
Technology
Estimated Investment (Million PKR)
Textile
Spinning
Textile
Process
Sugar Leather Paper Cement Fertilizer Other Sectors Total
Payback
Period (Yrs)
Co-generation 100,800 22,500 30,850 154,150 4-5
Compressor 6,000 5,300 165 880 3,100 15,445 1-3
Heat recovery 43,300 35,000 84 272 22 540 19,750 98,968 -
Heat transfer 4,000 15,600 25 58 4,950 24,633 2-3
Lights 2,800 400 800 4,000 1-2
Meters 4,600 4,300 60 2,200 11,160 -
Motors 16,000 9,200 840 110 440 6,700 33,290 1-2
Power Factor 350 100 110 140 700 1-4
Process 1,350 1,200 6,250 7,900 5,220 5,500 27,420 2-4
Process Control 14,350 420 275 22 100 3,800 18,967 1-2
Steam system 550 4,500 600 165 1,450 7,265 1-4
VFD 4,100 1,750 840 53 63 1,700 8,506 1-2
Total 82,700 90,750 104,809 1,145 7,777 30,623 5,760 80,940 404,504
• The overall investment potential for the Energy Efficiency (“EE”) measures
identified in the industrial sectors in Pakistan is in the order of PKR 400 billion…
Payback times for the investments identified are generally below 5 years…
The opportunities are there for FIs to develop an entirely new business
21. Benefits for Pakistani Banks and their Clients
21
For Clients:
• Cost savings – Improved Productivity/Quality of Output –
Competitiveness
• Reasonable pay-back period – Investments recovered from energy cost
savings
• Reduced footprint – Sustainable access to global supply chains
For FIs:
• Expanded market through a new business line:
Innovative product- First mover advantage/differentiation
Sell on value to customer, not pricing
Monetize existing client base- Attract quality new clients
New marketing channels through vendor partnerships
• Improved risk profile of portfolio:
Cost efficient clients = Better performing clients
Energy cost savings as a part of cash-flow
• Positive social and environmental impacts:
Enhanced brand reputation, PR opportunities
22. IFC’S SUPPORT TO CLIMATE CHANGE MITIGATION
THROUGH SEF
Under Sustainable Energy Finance (SEF) product line, IFC
provides financial products and/or advisory services to FIs in
following areas:
• Energy Efficiency (EE): Investing into fixed asset to reduce energy
bill of end-users through increased efficiency of energy use
• Renewable Energy (RE): Investing into technologies generating
power or heat from renewable resources
• Resource Efficiency (Ref): Investing into technologies minimizing
water, raw material, waste and emissions from industrial
processes and maximizing product output
22
23. IFC’S COMPREHENSIVE APPROACH TO
OPTIMIZING SEF IMPACT
Financial products tailored to the needs of diverse
markets
Credit lines and senior loans (medium- to long- term)
Risk sharing products and partial guarantees
Trade guarantees
Mezzanine financing and subordinated debt
Risk capital
Mobilizing donor funding for concessional finance
Advisory to build a profitable SEF business
Market analysis and product development
Enabling the FI to build a pipeline of EE/RE sub-projects
Training for loan officers, credit risk managers, marketing personnel
Tools and resources to add value with low transaction cost
Work with contractors/energy service companies /vendors
23
24. About the Sustainable Banking Network (SBN)
SBN
• Launched in 2012
• A unique, knowledge-sharing
network of banking regulators
and banking associations
• Supports a level playing field
for E&S risk management by
financial institutions
• Promotes green and inclusive
lending
IFC
• Supporting development and
implementation of national
policies/guidelines
• Facilitating South-South learning and
cooperation
• Co-hosting SBN annual meetings
• Developing and disseminating tools and
knowledge resources
24
Facilitator and Technical Advisor
25. 25 25
Sustainable Banking Network
The Network currently consists of banking regulators and banking associations
from16 countries
26. 26
Heads of the
interested
institutions
confirm their
decision to join
SBN.
IFC VP sends a
formal invitation
letter
Interested
institutions
contact SBN
coordinator*
*contacts at the last slide
26
Sustainable Banking Network
How to become a member
27. 27
Click the picture or here to watch the video of the
First International Green Credit Forum
Sustainable Banking Network Events
1st International Green Credit Forum in China
2nd Sustainable Banking Network Meeting In Nigeria
Click the picture or here to watch the video of SBN
Annual Forum in Lagos, Nigeria, Mar. 2014
27
28. 28
Asia
Bangladesh
Bangladesh
Bank-
Environmental
Risk
Management
(ERM) Policy
China
China Banking
Regulatory
Commission
(CBRC) -
Green Credit
Guidelines
China
CBRC-M&E
mechanism
launched
Indonesia
OJK (financial regulator) --
Roadmap for Sustainable
Finance in Indonesia 2015-
2019
Mongolia
Mongolia Banking Association-
Mongolia Sustainable Finance
Principles and 4 Sector
Guidelines
China
CBRC-Green Credit Guidelines
KPIs Checklist launched
Bangladesh
Bangladesh Bank-ESRM
Guidelines of
8 Sector Guidelines (planning)
Vietnam
The State Bank of Vietnam-the
Directive on Promoting Green
Credit and Managing
Environmental and Social Risks
and 10-sector checklists
Nepal
The Central
bank-
Sustainable
Banking Policy
(planning)
Philippines
The Central
bank-Roadmap
to Banking
Policy
(planning)
Latin
America
Colombia
Banking
Association
(Asobancaria) -
Green Protocol
Brazil
Central Bank’s Guidelines of
Social Responsibility Policy for
FIs
Peru
Peru Superintendency of Banking
and Insurance (SBS) -Resolution
No. 1928-2015.
Mexico
Mexico Banking Association (ABM)
- Voluntary Green Protocol
(planning)
Africa
Nigeria
Central Bank of
Nigeria
-Nigerian
Sustainable
Banking Principles
& 3 Sector
Guidelines
Kenya
The Kenya Bankers Association
(KBA)-Sustainable Finance
Initiative (SFI)
SBN Members – Timeline of Initiatives
2011 2012 2013 2014 2015 2016
28
29. 29 29
Common Success Factors
on industry-
wide
guidelines
guidance
based on
Multi-stakeholder consultation and
collaboration on industry-wide guidelines
Combining local E&S requirements and
international good practice (e.g. IFC Performance
Standards, Equator Principles, WBG EHS Guidelines)
Market-based policy mechanisms; economic
incentives and new business models
Mandatory or voluntary guidance tailored
to country context and culture
Capacity Building for key stakeholders
Monitoring and supervision mechanisms
30. 30
Supports creation of a level playing field in line with international good practice
Removes impediments and strengthens the business case for sustainable
banking
Supports country-level frameworks
For Financial Institutions
SBN – Key Benefits
Access to global trends, knowledge, practical experiences and lessons learned
Support from IFC and other members when developing and implementing
effective E&S risk management standards and sustainable banking guidance
Platform for collaboration on a shared vision for sustainable banking
For Banking Regulators / Banking Associations
Supports capacity building of local service providers, such as training and
technical institutions, to assist FIs on E&S risk management
Encourages consideration of E&S regulations in financial sector due diligence
Supports national climate change and green growth agendas
For Local Markets
31. 31
IFC Advisory Services ESRM for FIs Program
Policy/regulatory support to
develop E&S risk
management guidance
Awareness raising and
promotion
Direct technical support for
FIs through training and
consultancy services
Regulatory & market
environment
Training Partners
Consultants
Banking Associations
ESMS diagnostic reports
ESMS development
Individual FIs
IFC ESRM
Advisory
Service
Program
Regulatory and
Market Drivers
Market
Capacity
FIs Capacity
32. WAY FORWARD
• The ESRM Survey for the Financial sector
• Partnering with Key Stakeholders (SBP, PBA)
• ESRM Guideline
• Training and Capacity Building on ESRM
• Development of relevant tools and processes
• Pilot with FIs
• Develop M&E tool for Central Bank
32
33. More resources
SBN Website: http://firstforsustainability.org/sustainable-banking-network/
IFC Sustainability Framework and Advisory Services www.ifc.org/sustainability
CONTACTS
Name Title E-mail
Rong Zhang SBN Global Coordinator rzhang@ifc.org
Atiyah Curmally ESRM AS Program Global Product Specialist acurmally@ifc.org
Quyen Nguyen ESRM AS Program Manager nquyen@ifc.org
Afifa Raihana Regional Specialist araihana@ifc.org
33